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Ant Group, co-founded by Jack Ma, is expanding its presence in Latin America with a new investment in R2, a firm specializing in embedded lending. This move signals Ant's commitment to growing its footprint in the region's financial technology sector.
Félix, a remittance platform, is expanding its partnership with Mastercard to improve cross-border money transfers from the US to Latin America. This collaboration aims to modernize the remittance process for users in both regions.
Fintech company Clara has successfully raised $80 million in a funding round aimed at enhancing its growth across Latin America. The investment will support the expansion of its financial services and technology offerings in the region, positioning Clara as a key player in the rapidly evolving fintech landscape.